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    torres 9's Avatar
    torres 9 Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Mar 19, 2013, 07:41 AM
    Cases on partnerships and limited liabillity companies
    I want someone to help me,with cases on the differences between partnerships and limited liability companies
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Mar 19, 2013, 07:42 AM
    Which jurisdiction or location ?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #3

    Mar 19, 2013, 05:51 PM
    What is it you want to know specifically. Partners can be liable for the debts of the partnership. Owners of a LLC are not. That's the difference in a nutshell.
    torres 9's Avatar
    torres 9 Posts: 4, Reputation: 1
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    #4

    Mar 20, 2013, 12:25 AM
    Thanks guys but what I meant was e.g in a partnership there is no perpetual succession whereas is company there is,now what I wanted was a decided case which supports this position
    torres 9's Avatar
    torres 9 Posts: 4, Reputation: 1
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    #5

    Mar 20, 2013, 12:36 AM
    Quote Originally Posted by Curlyben View Post
    Which jurisdiction or location ?
    british or common law in short
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #6

    Mar 20, 2013, 08:40 AM
    You are asking for case law?

    This sounds a lot like homework -
    torres 9's Avatar
    torres 9 Posts: 4, Reputation: 1
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    #7

    Mar 31, 2013, 04:15 AM
    Quote Originally Posted by JudyKayTee View Post
    You are asking for case law?

    This sounds a lot like homework -
    Yes I want decided cases
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #8

    Mar 31, 2013, 06:21 AM
    What she was getting at is that we don't do homework. If you run your conclusion by us we will comment, but homework is your job.

    It's unlikely that there will be case law to back up the matter of perpetual succession. It would be obvious from the nature of the thing, so who would ever litigate the matter, let alone appeal?
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